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May 2017 Archives

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Ways to improve a QDRO

When a Michigan couple's marriage comes to an end, they may be eager to sign the divorce papers as quickly as possible. However, that could be a mistake from a financial point of view. In cases where divorcing couples are splitting retirement assets, it may be necessary to sign a Qualified Domestic Relations Order. Although an individual may find the order to be fair, it may be worth checking with a financial adviser first.

What you share online might be used against you in your divorce

Social media may be part of your daily routine, but when you are going through a divorce, you might want to be cautious about what you post.  Forbes reports that electronic communications and social media posts can often have unforeseen consequences in divorce proceedings. Many people present themselves much better on social media than they are really doing. In a legal aspect, this could be detrimental to your case. 

3 reasons why 'playing nice' can backfire during divorce

One goal that many people have when they divorce is to get through the process as peacefully as possible. While that is certainly attainable for some people, others are going to have a very difficult divorce. This is particularly true in contested divorces.

What financial mistakes should I avoid in my divorce?

You may be so over your spouse and divorce situation that you are ready to agree to anything just to finalize it sooner. Although this may seem like it is a good strategy, it is not. If you rush the process, you do not have the time you need to look things over and negotiate so that your spouse does not receive more than his or her fair share of the marital assets. 

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